Major shareholder: Unilever has ‘lost the plot’ in sustainability drive

Terry Smith from Fundsmith has claimed the business has become more focussed on its environmental impact than running the business

Vattenfall invests €1m in Estonian nuclear energy start-up

The collaboration will further explore the maturity of small modular reactor technology and the prospects for deployment of one or several such reactors in Estonia until 2035

RWE becomes majority stakeholder in 400MW Rampion offshore wind farm

The company now holds a 50.1% stake in the wind farm, which is already being operated by RWE Renewables

Formula E invests in new electric off-road motorsport championship

Extreme X will see electric SUVs compete in some of the most testing off-road conditions in the world

China joins London-based development bank

China has become the 67th shareholder of the European Bank for Reconstruction and Development (EBRD). The London-based bank provides financial investments in areas including energy and sustainability as well as business services in an effort to promote innovation, growth and transparency. Infrastructure and energy represents around 48% of the EBRD’s portfolio at just under €20 […]